James W. Evans, Jr.
ARM
Principal
72 River Park Street
2nd Floor
Needham, MA 02494
Tel: 781-449-2866
Fax: 781-449-5340

Expertise
  • Public Sector
  • Educational Institutions
  • Healthcare
  • Religious Insitutions
  • Social Services

Responsibilities

Jim is a Principal and practice leader for the public sector, healthcare, religious entity, professional services and group services practices. He provides expert assistance in risk assessment, strategic planning, professional and governance liability exposures, procurement, vendor evaluation, lender compliance, transportation and infrastructure construction risk management, program audits, complex risk financing and risk pooling.

Experience

Jim has over 40 years experience in the industry, 36 of which have been with Albert Risk. He also served as a commercial lines account executive for Travelers Insurance Companies and in various assignments in the Boston Police Department.

Education

  • M.B.A, Finance, Boston College
  • A.B., English, Boston College
  • Associate in Risk Management (ARM)

Affiliations

Jim is active in local government and professional and community organizations. As a public official, he has served in both elected (Chairman, Board of Selectmen) and appointed (Long-Range Planning Committee, Council of Human Services, Audit Committee Chair, Stadium Advisory Committee and Chairman of the Foxborough Industrial Development Financing Authority) roles. As Chairman of FIDFA, he led the 1999 bond issue, financing $70 million in infrastructure improvements for the new Patriots stadium. He has been both an ARM instructor and a faculty member at Babson College, where he taught undergraduate courses in insurance, risk financing and risk management.

Publishing and Speaking Activity

Jim Evans co-moderated a session with Matt Byrne at the VT Captive Insurance Association Annual Conference on August 10, 2016.  Topics of discussion included socially responsible investment, alignment with mission, innovations (including Healthcare stop loss) and reinsurance strategies.   
The United States Senate has ended their most recent session without extending the Terrorism Risk Insurance Act (TRIA) past December 31, 2014.  This has created turmoil for insurers and the policyholders they cover.  This apolitical piece is intended to address, at a high level, why TRIA was instituted, the structure of the program and possible implications of a non-extension of the Act. 
Albert Risk Management Consultants has been analyzing the commercial insurance market for its U.S. clients for many years in an attempt to anticipate pricing and coverage terms changes that affect client insurance purchases and retention strategies. This whitepaper produced by Jim Evans and Cameron Rhodes explains the methodology that we use.